Pretty Khare
REI Friendly Bank Accounts
I am starting my journey as a landlord and have read that it is a good practice to have a separate bank accounts for each rental property to make accounting easy. Any recommendations on which bank i should open an acc...
Daniel Dietz
Nursing Home Care & the Effect on LLC Investments?
Hello all,We are working on developing our partnership structure and thought I would get some general feedback here before we sit down with our tax and legal people.The partners ages range from 50-70 years old. All in...
Tim Jackson
Private Money Lenders in DC/MD areas
I'm currently analyzing a deal. Anyone with suggestions on finding/searching for private money lenders. Thanks.
Brad Thomas
How do you document/establish the tax basis for your properties?
I bought my 9th property (a five-unit apt building) about a year and a half ago. All of my previous properties were basically self-sustaining after I put in the initial contribution for purchase. So all bills were pai...
Jeremiah Williams
Business Credit cards and personal credit
I am new to investing. When you are applying to get business credit cards and the bank ask to use your personal SSN is this only to hold you reliable if I default or does it weaken the LLC by allowing someone to "brea...
Jon Binder
Personal/Solo LLC Taxation - Borrowing from Self-Directed 401(k)
Hello,I must begin by saying.....WOW! What a community here on BP! I stumbled onto this site from a Google search for a question that I had and was instantly hooked! So, thank you all for the education thus far.My que...
Melissa Griffin
Lending question for a rental property
I am not sure if this is the right place to post but hopefully someone can offer insight. My mother-in-law recently signed over her home to my husband. There is no mortgage on the property however there was a tax l...
Jonathan Small
2 Bedroom 2yr Rental Into Flip
Investment Info:
Single-family residence buy & hold investment in Valdosta.
Purchase price: $75,000
Cash invested: $10,000
Sale price: $120,000
This is a 2 bedroom 1 bathroom single family de...
Greg Smith
Can I lend my LLC money?
I ambuying a house through my LLC with mostly personal money. Can i buy a house, pay 20% from the LLC account and then make a loan to the LLC for the balance? Is that necessary? I try to keep personal and company m...
Brian Pate
Meetup in Denver Metro
Hello Fellow Bigger Pockets friends and family!My name is Brian and I am looking to create a meetup group of like minded individuals.Here is what I can bring to the table to date:1.) Purchased a (2) Bedroom (2) Bath ...